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BENEFICIARIES' EQUITY OF THE PARENT COMPANY (Tables) | 6 Months Ended
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Jun. 30, 2022
Equity [Abstract] |
Schedule of Earnings Per Share (EPS), Basic and Diluted | The following table details the number of shares and net income used to calculate basic and diluted earnings per share (in thousands, except share and per share amounts; results may not add due to rounding):
| Three Months Ended June 30,
| 2022 |  | 2021
| Basic |  | Diluted |  | Basic |  | Diluted
Numerator |  |  |  |  |  |  |
Net income | $ | 4,651 |  |  | $ | 4,651 |  |  | $ | (175) |  |  | $ | (175) |
Net (income) loss attributable to noncontrolling interests | (14) |  |  | (14) |  |  | 8 |  |  | 8 |
Nonforfeitable dividends allocated to unvested restricted shareholders | (98) |  |  | (98) |  |  | (94) |  |  | (94) |
Net income (loss) attributable to common shareholders | $ | 4,539 |  |  | $ | 4,539 |  |  | $ | (261) |  |  | $ | (261) |
Denominator |  |  |  |  |  |  |
Weighted-average shares outstanding | 171,527,031 |  |  | 171,527,031 |  |  | 170,848,894 |  |  | 170,848,894 |
Contingent securities/Share based compensation | — |  |  | 733,398 |  |  | — |  |  | — |
Weighted-average shares outstanding | 171,527,031 |  |  | 172,260,429 |  |  | 170,848,894 |  |  | 170,848,894 |
Earnings per Common Share: |  |  |  |  |  |  |
Net income attributable to common shareholders | $ | 0.03 |  |  | $ | 0.03 |  |  | $ | — |  |  | $ | — |
| Six Months Ended June 30,
| 2022 |  | 2021
| Basic |  | Diluted |  | Basic |  | Diluted
Numerator |  |  |  |  |  |  |
Net income | $ | 10,752 |  |  | $ | 10,752 |  |  | $ | 6,789 |  |  | $ | 6,789 |
Net income attributable to noncontrolling interests | (22) |  |  | (22) |  |  | (35) |  |  | (35) |
Nonforfeitable dividends allocated to unvested restricted shareholders | (246) |  |  | (246) |  |  | (240) |  |  | (240) |
Net income attributable to common shareholders | $ | 10,484 |  |  | $ | 10,484 |  |  | $ | 6,514 |  |  | $ | 6,514 |
Denominator |  |  |  |  |  |  |
Weighted-average shares outstanding | 171,411,631 |  |  | 171,411,631 |  |  | 170,737,437 |  |  | 170,737,437 |
Contingent securities/Share based compensation | — |  |  | 1,163,777 |  |  | — |  |  | 1,258,682 |
Weighted-average shares outstanding | 171,411,631 |  |  | 172,575,408 |  |  | 170,737,437 |  |  | 171,996,119 |
Earnings per Common Share: |  |  |  |  |  |  |
Net income attributable to common shareholders | $ | 0.06 |  |  | $ | 0.06 |  |  | $ | 0.04 |  |  | $ | 0.04 |
The following table details the number of units and net income used to calculate basic and diluted earnings per common partnership unit (in thousands, except unit and per unit amounts; results may not add due to rounding):
| Three Months Ended June 30,
| 2022 |  | 2021
| Basic |  | Diluted |  | Basic |  | Diluted
Numerator |  |  |  |  |  |  |
Net income (loss) | $ | 4,651 |  |  | $ | 4,651 |  |  | $ | (175) |  |  | $ | (175) |
Net loss attributable to noncontrolling interests | 2 |  |  | 2 |  |  | 1 |  |  | 1 |
Nonforfeitable dividends allocated to unvested restricted unitholders | (98) |  |  | (98) |  |  | (94) |  |  | (94) |
Net income (loss) attributable to common unitholders | $ | 4,555 |  |  | $ | 4,555 |  |  | $ | (268) |  |  | $ | (268) |
Denominator |  |  |  |  |  |  |
Weighted-average units outstanding | 172,043,498 |  |  | 172,043,498 |  |  | 171,792,415 |  |  | 171,792,415 |
Contingent securities/Share based compensation | — |  |  | 733,398 |  |  | — |  |  | — |
Total weighted-average units outstanding | 172,043,498 |  |  | 172,776,896 |  |  | 171,792,415 |  |  | 171,792,415 |
Earnings per Common Partnership Unit: |  |  |  |  |  |  |
Net income attributable to common unitholders | $ | 0.03 |  |  | $ | 0.03 |  |  | $ | — |  |  | $ | — |
| Six Months Ended June 30,
| 2022 |  | 2021
| Basic |  | Diluted |  | Basic |  | Diluted
Numerator |  |  |  |  |  |  |
Net income | $ | 10,752 |  |  | $ | 10,752 |  |  | $ | 6,789 |  |  | $ | 6,789 |
Net loss attributable to noncontrolling interests | 4 |  |  | 4 |  |  | 2 |  |  | 2 |
Nonforfeitable dividends allocated to unvested restricted unitholders | (246) |  |  | (246) |  |  | (240) |  |  | (240) |
Net income attributable to common unitholders | $ | 10,510 |  |  | $ | 10,510 |  |  | $ | 6,551 |  |  | $ | 6,551 |
Denominator |  |  |  |  |  |  |
Weighted-average units outstanding | 171,985,863 |  |  | 171,985,863 |  |  | 171,699,909 |  |  | 171,699,909 |
Contingent securities/Share based compensation | — |  |  | 1,163,777 |  |  | — |  |  | 1,258,682 |
Total weighted-average units outstanding | 171,985,863 |  |  | 173,149,640 |  |  | 171,699,909 |  |  | 172,958,591 |
Earnings per Common Partnership Unit: |  |  |  |  |  |  |
Net income attributable to common unitholders | $ | 0.06 |  |  | $ | 0.06 |  |  | $ | 0.04 |  |  | $ | 0.04 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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